Butterfly Network (BFLY) Stock Price, News & Analysis $0.94 +0.02 (+2.71%) (As of 12/8/2023 08:56 PM ET) Add Compare Share Share Today's Range$0.91▼$0.9550-Day Range$0.79▼$1.2252-Week Range$0.76▼$3.22Volume792,400 shsAverage Volume2.23 million shsMarket Capitalization$195.48 millionP/E RatioN/ADividend YieldN/APrice Target$2.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Butterfly Network MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside138.4% Upside$2.25 Price TargetShort InterestBearish11.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$13,771 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.57) to ($0.49) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.99 out of 5 starsMedical Sector570th out of 942 stocksX - Ray Apparatus & Tubes Industry5th out of 6 stocks 3.0 Analyst's Opinion Consensus RatingButterfly Network has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.25, Butterfly Network has a forecasted upside of 138.4% from its current price of $0.94.Amount of Analyst CoverageButterfly Network has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.88% of the float of Butterfly Network has been sold short.Short Interest Ratio / Days to CoverButterfly Network has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in Butterfly Network has recently decreased by 1.22%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldButterfly Network does not currently pay a dividend.Dividend GrowthButterfly Network does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BFLY. Previous Next 1.1 News and Social Media Coverage News SentimentButterfly Network has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Butterfly Network this week, compared to 1 article on an average week.Search InterestOnly 14 people have searched for BFLY on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.MarketBeat Follows8 people have added Butterfly Network to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Butterfly Network insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,771.00 in company stock.Percentage Held by Insiders27.15% of the stock of Butterfly Network is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.73% of the stock of Butterfly Network is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Butterfly Network are expected to grow in the coming year, from ($0.57) to ($0.49) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Butterfly Network is -1.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Butterfly Network is -1.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioButterfly Network has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Butterfly Network Stock (NYSE:BFLY)Butterfly Network, Inc. develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services. Butterfly Network, Inc. was founded in 2011 and is headquartered in Burlington, Massachusetts.Read More BFLY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BFLY Stock News HeadlinesNovember 18, 2023 | msn.comButterfly Pavilion's 'Monarch Magic' honors the cultural and ecological significance of these social butterfliesNovember 14, 2023 | finance.yahoo.comiCardio.ai Joins Butterfly Garden to Deploy Its Cardiac AI Suite on Butterfly Network's Imaging PlatformDecember 11, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 6, 2023 | finance.yahoo.comButterfly Network to Present at the Jefferies London Healthcare ConferenceNovember 4, 2023 | markets.businessinsider.comOppenheimer Reaffirms Their Buy Rating on Butterfly Network (BFLY)November 3, 2023 | finance.yahoo.comButterfly Network, Inc. (NYSE:BFLY) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | msn.comButterfly Network beats Q3 top and bottom line estimates; raises FY23 Adjusted EBITDA outlookNovember 2, 2023 | finance.yahoo.comButterfly Network Reports Third Quarter 2023 Financial ResultsDecember 11, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 2, 2023 | finance.yahoo.comButterfly Network Inc (BFLY) Reports Q3 2023 Financial ResultsNovember 1, 2023 | msn.comButterfly Network Q3 2023 Earnings PreviewOctober 27, 2023 | finance.yahoo.comButterfly Network, Inc. (BFLY) Upgraded to Buy: Here's WhyOctober 24, 2023 | msn.comButterfly Network signs five-year co-development agreement with Forest NeurotechOctober 24, 2023 | finance.yahoo.comButterfly Network Announces 5-Year Co-Development Agreement with Forest Neurotech for Next-generation Brain Computer Interfaces Using Ultrasound-on-Chip™ TechnologyOctober 19, 2023 | msn.comThe Butterfly Society is hosting 2 events to spread domestic violence awarenessOctober 18, 2023 | finance.yahoo.comButterfly Network, Inc. to Report Third Quarter 2023 Financial Results on November 2, 2023October 10, 2023 | finance.yahoo.comThinkSono Joins Butterfly Garden to Deploy ThinkSono AI on Butterfly’s Imaging PlatformOctober 9, 2023 | thestreet.comButterfly Network Inc. WarrantsOctober 9, 2023 | finance.yahoo.comButterfly Introduces Two Ultrasound Education Offerings at ACEP23, Demonstrating Value of AI-Guidance and Hands-on Expertise in Driving Mass Ultrasound AdoptionOctober 4, 2023 | finance.yahoo.comButterfly Network and Razom Expand Global Health Partnership To Bring Additional 200 Butterfly iQ+ Ultrasound Systems to UkraineSeptember 21, 2023 | msn.comButterfly House free admission for 25th anniversarySeptember 14, 2023 | tmcnet.comButterfly Network Reports Success in Majority of U.S. Medical Schools; Includes Nation's Largest Medical School, Indiana University School of MedicineSeptember 14, 2023 | finance.yahoo.comButterfly Network Reports Success in Majority of U.S. Medical Schools; Includes Nation’s Largest Medical School, Indiana University School of MedicineSeptember 9, 2023 | finance.yahoo.comInsider Sell: Andrei Stoica Sells 11,674 Shares of Butterfly Network Inc (BFLY)September 6, 2023 | finance.yahoo.comWith 37% ownership, Butterfly Network, Inc. (NYSE:BFLY) has piqued the interest of institutional investorsAugust 28, 2023 | msn.comButterfly Network: Will Pivot To AI Be Enough To Restart Growth?August 5, 2023 | finance.yahoo.comButterfly Network, Inc. (NYSE:BFLY) Q2 2023 Earnings Call TranscriptSee More Headlines Receive BFLY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Butterfly Network and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/02/2023Today12/11/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry X - ray apparatus & tubes Sub-IndustryN/A SectorMedical Current SymbolNYSE:BFLY CUSIPN/A CIK1804176 Webwww.butterflynetwork.com Phone781-557-4800FaxN/AEmployees330Year FoundedN/APrice Target and Rating Average Stock Price Target$2.25 High Stock Price Target$2.25 Low Stock Price Target$2.25 Potential Upside/Downside+138.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.61) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-168,720,000.00 Net Margins-180.32% Pretax Margin-180.24% Return on Equity-42.63% Return on Assets-32.92% Debt Debt-to-Equity RatioN/A Current Ratio5.92 Quick Ratio3.85 Sales & Book Value Annual Sales$68.37 million Price / Sales2.86 Cash FlowN/A Price / Cash FlowN/A Book Value$1.62 per share Price / Book0.58Miscellaneous Outstanding Shares207,124,000Free Float150,890,000Market Cap$195.48 million OptionableOptionable Beta1.93 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDr. Jonathan M. Rothberg Ph.D. (Age 59)Founder & Director Comp: $67.5kMs. Heather C. Getz CPA (Age 48)M.B.A., Executive VP, CFO & COO Comp: $974.03kDr. Andrei G. Stoica Ph.D. (Age 50)Chief Technology Officer Comp: $993.63kMr. Joseph M. DeVivo (Age 56)CEO, President & Chairman of the Board Mr. David H. Ramsey (Age 53)Chief Information Officer Mr. Darius Shahida (Age 31)Chief Strategy Officer & Chief Business Development Officer Comp: $1.63MDr. John Martin F.A.C.S. (Age 64)M.B.A., M.D., Chief Medical Officer Mr. John S. Soto (Age 59)Senior Vice President of International Sales More ExecutivesKey CompetitorsQuipt Home MedicalNASDAQ:QIPTConduit PharmaceuticalsNASDAQ:CDTCorMedixNASDAQ:CRMDEdap TmsNASDAQ:EDAPEnanta PharmaceuticalsNASDAQ:ENTAView All CompetitorsInsiders & InstitutionsAndrei G StoicaSold 7,935 sharesTotal: $7,855.65 ($0.99/share)GSA Capital Partners LLPBought 507,054 shares on 11/15/2023Ownership: 0.245%Legal & General Group PlcSold 2,693,507 shares on 11/15/2023Ownership: 0.040%Sei Investments Co.Bought 28,220 shares on 11/15/2023Ownership: 0.014%Lazard Asset Management LLCBought 36,733 shares on 11/14/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions BFLY Stock Analysis - Frequently Asked Questions Should I buy or sell Butterfly Network stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Butterfly Network in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BFLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BFLY, but not buy additional shares or sell existing shares. View BFLY analyst ratings or view top-rated stocks. What is Butterfly Network's stock price target for 2024? 1 equities research analysts have issued twelve-month price objectives for Butterfly Network's stock. Their BFLY share price targets range from $2.25 to $2.25. On average, they anticipate the company's share price to reach $2.25 in the next year. This suggests a possible upside of 138.4% from the stock's current price. View analysts price targets for BFLY or view top-rated stocks among Wall Street analysts. How have BFLY shares performed in 2023? Butterfly Network's stock was trading at $2.46 at the start of the year. Since then, BFLY shares have decreased by 61.6% and is now trading at $0.9438. View the best growth stocks for 2023 here. Are investors shorting Butterfly Network? Butterfly Network saw a decrease in short interest in October. As of October 31st, there was short interest totaling 17,970,000 shares, a decrease of 11.3% from the October 15th total of 20,270,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is presently 8.3 days. Approximately 12.1% of the shares of the company are short sold. View Butterfly Network's Short Interest. When is Butterfly Network's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our BFLY earnings forecast. How were Butterfly Network's earnings last quarter? Butterfly Network, Inc. (NYSE:BFLY) issued its quarterly earnings data on Thursday, November, 2nd. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.02. The firm earned $15.42 million during the quarter, compared to analysts' expectations of $15.16 million. Butterfly Network had a negative net margin of 180.32% and a negative trailing twelve-month return on equity of 42.63%. What ETFs hold Butterfly Network's stock? ETFs with the largest weight of Butterfly Network (NYSE:BFLY) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON), ARK Genomic Revolution ETF (ARKG) and Fidelity Digital Health ETF (FDHT).Global X Internet of Things Thematic ETF (SNSR). Who are Butterfly Network's major shareholders? Butterfly Network's stock is owned by a number of retail and institutional investors. Top institutional shareholders include ARK Investment Management LLC (6.15%), Northern Trust Corp (0.58%), Charles Schwab Investment Management Inc. (0.54%), Raymond James & Associates (0.45%), Bank of New York Mellon Corp (0.28%) and GSA Capital Partners LLP (0.25%). Insiders that own company stock include Andrei G Stoica, Darius Shahida, David Perri, Heather C Getz, Joseph Devivo, Larry Robbins, Lawrence T Weiss, Mary Miller, Stacey Pugh, Stephanie Fielding, Todd Fruchterman and Troy Quander. View institutional ownership trends. How do I buy shares of Butterfly Network? Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:BFLY) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Butterfly Network, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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